Assistance League of Carlsbad Inc

Analysis

Assistance League of Carlsbad Inc is a registered charity in United States, based in Carlsbad, NM. It received its IRS tax-exemption ruling in October 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Assistance League of Carlsbad Inc reported income of $167k and spending of $126k, leaving 24% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income fell from $243k to $167k (-31%), an average of -8.9% a year. The sharpest change came in the year to April 2021, when income dropped by 49%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assistance League of Carlsbad Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include New Hope Fire Co the ($167k), Synovation Valley Leadership Academy ($167k) and Sons of Confederate Veterans Inc ($167k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $679k against liabilities of $7,756, net assets of $671k.